A flame retardant with abundant phosphorusnitrogen content and a highly symmetric structure, 3,9-bis(phenyl-(phenylamino)methyl)-2,4,8,10-tetraoxa-3,9-diphosphaspiro[5.5]undecane 3,9-dioxide (BTDD), was synthesized by the reaction of 2,4,8,10-tetraoxa-3,9-diphosphaspiro[5.5]undecane 3,9-dioxide (DHDP) with Schiff base (2-(N-phenyliminomethyl)phenol) (NDPA). The structure of BTDD was characterized by nuclear magnetic resonance ( 1 H NMR and 31 P NMR) and Fourier transform infrared (FT-IR) spectroscopy. Its thermal stability was characterized by thermogravimetric analysis (TGA). The solubilities of BTDD in acetonitrile, acetone, tetrahydrofuran, benzene, ethanol, isopropanol, 1,4-dioxane, 1,2-dichloroethane, toluene, diethyl ether, dichloromethane, and acetic acid were determined with the static gravimetric method at temperatures ranging from 283.15 to 343.15 K. The results showed that the dissolution behavior of BTDD in tetrahydrofuran and toluene was more prominent. The solubilities of BTDD in the 12 solvents were positively correlated with temperature, and the solubility order from high to low is tetrahydrofuran, toluene, dichloromethane, 1,2-dichloroethane, isopropanol, (diethyl ether, 1,4-dioxane), acetic acid, acetone, benzene (ethanol, acetonitrile). The modified Apelblat thermodynamic model was used to correlate the measured solubility data, which shows good consistency with the experimental values. In all measurements, the root-mean-square deviation was less than 0.1%, and the average relative error was less than 0.04.